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Re: powderkeg post# 9294

Friday, 12/11/2020 4:40:02 PM

Friday, December 11, 2020 4:40:02 PM

Post# of 9445
For me the optimism is centered around the price of gold. I remember back when I was a lot more involved here there was definitely a price point of gold that was key to making our projects both feasible and profitable. I remember it being discussed on conference calls- that when the gold price was low, it wasn’t cost effective to retrieve it from the ground, so they leave it there until the price justifies mining it, like a all natural piggy bank.

I believe we are above the threshold. I also believe based on the volume this year compared to past years, that there are other people thinking the same thing.

On top of that- the money I invested here has been out of my hands for a number of years, in a sense I don’t miss it, I view this as a zero cost basis holding at this point. So anywhere up from here would be exciting.

This stock is always in my watchlists, whether I post here or not, my eye has been on it every day for years. I’m beginning to do some research again, if I have anything of significance to share- I will be sure to bring it here to discuss with you all.



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